GFM Network News





Canola futures continue to drop at midday Friday

By Phil Franz-Warkentin, Commodity News Service Canada WINNIPEG, Feb. 15 (CNS Canada) – ICE Futures canola contracts were weaker at midday Friday, nearing major chart support in the process. Speculative selling was a feature, as fund traders added to short positions and end users were content to buy on a scale-down basis. The front-month March […] Read more

ICE canola futures start Friday on downside

By Glen Hallick, Commodity News Service Canada WINNIPEG, Feb. 15 (CNS Canada) – ICE Futures canola contracts were slightly weaker so far Friday morning with bearish technical signals weighing on prices. Soyoil futures on the Chicago Board of Trade were posting small losses, putting pressure on canola. However, soybeans were up providing some support for […] Read more


Canadian dollar and business outlook

By Commodity News Service Canada WINNIPEG, Feb. 15 (CNS Canada) The Canadian dollar was firmer Friday morning, seeing some consolidation ahead of the weekend. At 8:39 CST Friday morning the Canadian dollar was at US$0.7537 or C$1.3268 which compares with Thursday’s North American close of US$0.7520 or C$1.3298. Crude oil was higher in early activity, […] Read more




Canola futures weaken as traders roll out of front month

By Phil Franz-Warkentin, Commodity News Service Canada WINNIPEG, Feb. 14 (CNS Canada) – ICE Futures canola contracts were weaker at midday Thursday, with intermonth spreading accounting for the bulk of the activity as participants rolled their positions out of the nearby March contract. “Commercials, funds, retail – everybody’s focused on rolling their March positions forward,” […] Read more


ICE canola futures remain down Thursday morning

By Glen Hallick, Commodity News Service Canada WINNIPEG, Feb. 14 (CNS Canada) – Ice Futures canola contracts continued to post small losses Thursday morning with bearish technical signals weighing on prices. Soybeans and soyoil on the Chicago Board of Trade were also on the downside Thursday morning, putting pressure on canola. Malaysian palm oil and […] Read more

Canadian dollar and business outlook

By Commodity News Service Canada WINNIPEG, Feb. 14 (CNS Canada) The Canadian dollar was weaker Thursday morning, as disappointing domestic economic data weighed on the currency. At 8:51 CST Thursday morning the Canadian dollar was at US$0.7505 or C$1.3324 which compares with Wednesday’s North American close of US$0.7553 or C$1.3240. Canadian manufacturing sales declined for […] Read more